{"id":47333,"date":"2023-04-10T05:50:30","date_gmt":"2023-04-10T09:50:30","guid":{"rendered":"https:\/\/www.arffinancial.com\/development\/?p=47333"},"modified":"2023-04-10T05:50:30","modified_gmt":"2023-04-10T09:50:30","slug":"next-generation-manufacturing-is-green","status":"publish","type":"post","link":"https:\/\/www.arffinancial.com\/development\/next-generation-manufacturing-is-green\/","title":{"rendered":"Next-Generation Manufacturing is Green"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_single_image image=&#8221;47334&#8243; img_size=&#8221;large&#8221; alignment=&#8221;center&#8221;][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]We <a href=\"https:\/\/www.arffinancial.com\/development\/going-green-for-the-good-of-your-business\/?urlsource=blog\">write a lot<\/a> about <a href=\"https:\/\/www.arffinancial.com\/development\/manufacturing-success-through-sustainability\/?urlsource=blog\">sustainability<\/a> here at ARF Financial. Once considered a trend, \u201cgoing green\u201d initiatives have taken center stage across nearly every industry\u2014manufacturing included. But according to <a href=\"https:\/\/prod.ucwe.capgemini.com\/wp-content\/uploads\/2022\/12\/CRI_Intelligent_supplyChain_Report_Webb-1.pdf\">research about supply chains from Capgemini<\/a>, \u201cFewer than one in four organizations is deploying sustainability use cases at scale.\u201d This doesn\u2019t mean sustainability initiatives are falling on deaf ears in the manufacturing landscape; to be sure, industry leaders fully recognize the need to integrate sustainable practices across their entire business model. The Capgemini research simply points out that there\u2019s work to be done.<\/p>\n<p><strong>Historical Background<\/strong><strong>\u00a0<\/strong><\/p>\n<p>Historically speaking, manufacturing used to put cost-savings and profits way ahead of the environment. But since businesses rely on the public to ultimately define their ROI, and the public is tuned into reducing their carbon footprint, then it makes complete sense that nearly every industry is jumping aboard the sustainability train. We are moving more and more toward a circular economy now, one that aims to reduce the amount of raw materials used in production and recycle\/reuse as much as possible. The goal of the circular economy is simply to repurpose existing items, keeping them in production rather than creating new components.<strong>\u00a0<\/strong><\/p>\n<p><strong>Green Manufacturing<\/strong><\/p>\n<p>Considered the \u201cnext generation of manufacturing,\u201d green manufacturing is quickly gaining traction across the industry. It aims to create renewable manufacturing processes and eco-friendly business practices, in a grand effort to help reduce the negative impact manufacturing can have on the planet. Green manufacturing can be practiced by focusing on areas such as renewable energy, boosting energy efficiency, reducing pollution, and conserving natural resources.<\/p>\n<p><strong>Mindset Shift<\/strong><\/p>\n<p>It\u2019s a tough pill to swallow, going from \u201cprofits first, planet later\u201d to the longer-term goal of green manufacturing. Traditional manufacturing is all about cost-effective measures and completing things quickly at the cheapest rate possible; unfortunately, the damage this does to our planet through greenhouse emissions, product waste, water usage, etc. is becoming more apparent by the day. The upside is that while shifting gears to focus more on sustainably manufacturing goods might be expensive in the short-term, there are huge cost savings in the long-term. The first step toward going green might just be admitting that there\u2019s a problem\u2014and dedicating some resources to fixing it. Which brings us to\u2026<strong>\u00a0<\/strong><\/p>\n<p><strong>E3: Economy &#8211; Energy \u2013 Environment<\/strong><strong>\u00a0<\/strong><\/p>\n<p>The Environmental Protection Agency (EPA) has been working to help speed this mindset shift along, going so far as to develop <a href=\"https:\/\/www.epa.gov\/e3\">E3<\/a>, \u201ca federal technical assistance framework helping communities, manufacturers and manufacturing supply chains adapt and thrive in today&#8217;s green economy.\u201d<\/p>\n<p>According to the <a href=\"https:\/\/www.epa.gov\/e3\/about-e3-economy-energy-environment\">E3 website at EPA.gov<\/a>, \u201cE3 connects agencies and organizations in local communities and small and medium-sized manufacturers with experts from federal agencies, states, and regions to help reduce energy consumption; minimize carbon footprints; prevent pollution; increase productivity; and drive innovation.\u201d The goal of this initiative is to renew American manufacturing, and it\u2019s doing so by giving manufacturers the technical assistance they need to make sustainable manufacturing processes a reality. There are many success stories on the E3 site too, which can be accessed <a href=\"https:\/\/www.epa.gov\/e3\/e3-success-stories\">here<\/a>.<\/p>\n<p>Companies that make their green efforts top priority should be shouting their accomplishments from the rooftops\u2014or at least making a big deal about it via PR. Don\u2019t forget, <a href=\"https:\/\/www.forbes.com\/sites\/gregpetro\/2021\/04\/30\/gen-z-is-emerging-as-the-sustainability-generation\/?sh=59de7b688699\">Gen Z is leading the way<\/a> in demanding more sustainability; they\u2019re even willing to spend more on sustainable products\u2014so there shouldn\u2019t be too much left standing in the way of a green manufacturing takeover. Go green for the good of the planet, for the good of your brand, and for the good of your profits.<\/p>\n<p>&nbsp;<\/p>\n<p>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_single_image image=&#8221;47334&#8243; img_size=&#8221;large&#8221; alignment=&#8221;center&#8221;][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]We write a lot about sustainability here&#8230;<\/p>\n","protected":false},"author":5,"featured_media":47334,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[868],"tags":[398,402,400,399,443,386,535,220,213,1034,870,872,1033,877,1032,1035,1069,943,401,224,222,172,142],"class_list":{"0":"post-47333","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-manufacturing-financing","8":"tag-affordable-business-loans","9":"tag-affordable-small-business-growth","10":"tag-business-expansion","11":"tag-business-growth","12":"tag-business-line-of-credit","13":"tag-business-loans","14":"tag-equipment-leasing","15":"tag-flex-pay-loans","16":"tag-line-of-credit","17":"tag-manufacturing-brown-field-projects","18":"tag-manufacturing-business-loans","19":"tag-manufacturing-expansion","20":"tag-manufacturing-green-field-projects","21":"tag-manufacturing-line-of-credit","22":"tag-manufacturing-loans","23":"tag-manufacturing-revolving-line-of-credit","24":"tag-next-generation-manufacturing-is-green","25":"tag-operations","26":"tag-small-business-expansion","27":"tag-small-business-financing","28":"tag-small-business-funding","29":"tag-small-business-growth","30":"tag-working-capital"},"acf":[],"yoast_head":"<!-- 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